I have introduced the concept of Point of No Return some time ago here. It is not a complex concept but many traders find it difficult to apply the concept in their own trading. I will try to explain how point of no return is calculated in general and how to figure out the right […]
Great video about the ignorant of the general public. The problem goes much deeper than the Roslings suggested though as people in power to make decisions for the masses are as ignorant if not worse. In my opinion, the most important thing to take away from the video for traders is to understand that the […]
Statistics on everything and interesting implications from the data. It is a long video at about 56 minutes. You can get the book When to Rob a Bank from Amazon
An interesting talk based on the book “The Success Equation: Untangling Skill and Luck” by Michael Mauboussin. Mr. Mauboussin is managing director and head of Global Financial Strategies at Credit Suisse. It is a long talk for about an hour. You can get the book from Amazon.
A great talk on the concept of luck. Kevin Slavin has done a talk on algos in financial markets several years ago and I am very impressed by his work.
An interesting discussion on risk and predictability of risk.
When we look at Emini afterhours trading activities, it is important to remember that the US stock markets is not active during that time. Hence Emini S&P500 moves mainly as a proxy with the active markets trading in the world at the time. Emini S&P and its close relatives like Emini Nasdaq 100 become instruments […]
I was having fun talking to an old friend who has been playing poker professionally for many years. He is one of those players who consistently making money from playing in poker halls and tournaments but seldom show up in the final tables. During our conversation, he raised the issues of player statistics and how […]
An interesting talk about the correlation of Google search and Wikipedia page views to the rise and fall of stock prices. It also extends to the predictability of the stock market indices in general.
End of month trading is different from other trading days because several classes of market participants would join the game during this time. Long side only funds often make adjustments to their portfolios during the last three to five trading days of a month. Long term investors also review the performance of their portfolios around […]